Vietnamese longan sold well in Japan despite high prices

Vietnamese longan is much welcomed in Japan although its retail prices are high, which brings a big opportunity for local farmers.

Vietnamese longan sold well in Japan despite high prices hinh anh 1

Vietnamese longan retail price in Japan is high, about 320,000 VND (13.5 USD) per kilo, but the fruit is very favoured by Janpanese consumers. (Photo: baodautu.vn)

Vietnamese longan is much welcomed in Japan although its retail prices are high, which brings a big opportunity for local farmers.

Nguyen Khac Huy, director of Hoang Phat Fruit Ltd Company based in the southern province of Long An, said that after its first batch of 10 tonnes of fresh longan was exported to Japan early this year, the company will continue exporting about 70-100 tonnes of the fruit by sea and by air to the market monthly.

Longan retail price in Japan is high, about 320,000 VND (13.5 USD) per kilo, but the fruit is soon sold out, he said.

Dang Phuc Nguyen, General Secretary of the Vietnam Fruit and Vegetable Association, said that four Vietnamese fresh fruits – dragon fruit, mango, lychee, and longan – are eligible to be exported to Japan through the official channel.

Longan is a high-value export and can be sold at high prices in Japan, he said, adding that Japan’s import of the fruit brings a big opportunity for Vietnamese farmers.

Vietnam now has about 80,000 ha of longan with an output of about 600,000 tonnes per year. However, the area for the Indo-longan variety favoured by Japanese consumers is not much and that with the fruit qualified for export is small.

Ta Duc Minh, Vietnam Trade Counselor in Japan, said that it’s difficult to enter Japan but it’s more difficult to maintain a foothold in the market as if only a batch of products fails to meet requirements, Vietnamese exporters will lose consumers’ trust and it’s very difficult to regain the trust./.

Source: VNA
en.vietnamplus.vn

Related News

Vietnamese, Brazilian firms asked to work together to raise trade to 10 billion USD

Vietnamese, Brazilian firms asked to work together to raise trade to 10 billion USD

Prime Minister Pham Minh Chinh on September 24 asked Vietnamese and Brazilian businesses to concretise cooperation mechanisms with specific programmes and projects, with an aim to bring two-way trade turnover to 10 billion USD by 2025, and 15-20 billion USD by 2030 in a more balanced direction.
Expert: Vietnamese economy to continue growth track

Expert: Vietnamese economy to continue growth track

Country Director of the Friedrich Naumann Foundation for Freedom (FNF) in Vietnam Andreas Stoffers has anticipated that the Vietnamese economy will continue its growth track.
Vietnamese, Singaporean PMs attends investment promotion conference

Vietnamese, Singaporean PMs attends investment promotion conference

Prime Minister Pham Minh Chinh and his visiting Singaporean counterpart Lee Hsien Loong on August 29 attended a conference in Hanoi to discuss measures aimed at speeding up Vietnam-Singapore joint projects.
Vietnamese goods to better penetrate UK market

Vietnamese goods to better penetrate UK market

When the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has the UK as a new member, more cooperation opportunities will open up for Vietnam and the European country, according to insiders.

Latest News

Made-in-Vietnam wind turbine towers bound for RoK

Made-in-Vietnam wind turbine towers bound for RoK

Ten domestically-manufactured offshore wind turbine towers are set to depart from Phu My Industrial Zone in the southern province of Ba Ria-Vung Tau by the end of April 2024, bound for Jeonnam 1 wind power project off the coast of the Republic of Korea (RoK)'s Jeonnam province.
Cashew nut exports is estimated at US$ 782 million in the first quarter

Cashew nut exports is estimated at US$ 782 million in the first quarter

VCN – Vietnam’s cashew nut exports in March reached 55 thousand tons, surging in volume and value compared to the previous month.
Maintain the reputation of Vietnamese coffee amidst soaring prices

Maintain the reputation of Vietnamese coffee amidst soaring prices

VCN - Nguyen Nam Hai (photo), Chairman of the Vietnam Coffee-Cocoa Association (Vicofa), shared about the landscape of the Vietnamese coffee industry in the context of continuously increasing prices.
Find opportunities in niche markets to increase exports

Find opportunities in niche markets to increase exports

VCN - New markets and niche markets are the way for exports to reduce dependence on traditional markets. Exploiting opportunities in these markets will open up many new opportunities.

More News

Vietnam transforming into new global manufacturing hub: experts

Vietnam transforming into new global manufacturing hub: experts

Vietnam is transforming into a new global manufacturing hub, offering a diverse range of products that are competitively priced and continuously improving in quality, assessed foreign distributors and importers, who will participate in the Vietnam International Sourcing expo this June.
Sustaining growth solutions for coffee exports

Sustaining growth solutions for coffee exports

VCN - The continuous increase in coffee prices has provided a strong boost for coffee exports, aiming for a record of US$5 billion. However, it still requires many comprehensive solutions to enhance quality and value to ensure sustainable development for the coffee industry in the future.
Vietnam National Brand Week to be held in mid-April

Vietnam National Brand Week to be held in mid-April

The Vietnam National Brand Week 2024 will be held nationwide from April 15-21 to raise public awareness of Vietnam national brand and promote products recognised as national brands to domestic and international communities.
Textile industry in sustainability push to meet stringent requirements

Textile industry in sustainability push to meet stringent requirements

Textile and garment businesses are making a green push with development of eco-friendly products adapted to global fashion trends and by meeting the stringent requirements under free trade agreements the country has signed, according to industry insiders.
Loosening the belt buckle for sustainable development of the maritime industry

Loosening the belt buckle for sustainable development of the maritime industry

VCN - Recently, the growth of maritime and waterway transportation has been impressive, with a double-digit rate of about 10-12% per year. However, despite many advantages, the waterway system has not been efficiently utilized, commensurate with its potential. The Customs News had a discussion with Pham Quoc Long, Vice Chairman of the Vietnam Shipowners' Association, on this issue.
Vietnam ready to ride US investment wave

Vietnam ready to ride US investment wave

Vietnam is on the verge of seeing a massive influx of investments from the US, and stands ready to welcome the wave.
Investing in wages is investing in development

Investing in wages is investing in development

VCN - According to Dr. Bui Sy Loi (photo), senior expert of the Ministry of Labor, War Invalids and Social Affairs, former Deputy Chairman of the National Assembly's Committee on Social Affairs, the National Assembly's adoption of the reform policy salaries, resource decisions and salary reform policies on July 1, 2024 is a suitable time, both historical and topical, contributing to ensuring life, creating peace of mind for staff, civil servants, public employees and workers.
Import and export in the first quarter: clearer and clearer bounce- back trend

Import and export in the first quarter: clearer and clearer bounce- back trend

VCN - As calculated, total import-export turnover of goods in the first quarter of the year reached over 178 billion USD, up 15.5% year on year. Both exports and imports achieved high growth rates, clearly showing a recovery trend.
Measures sought for coffee firms to adapt to EU Deforestation Regulations

Measures sought for coffee firms to adapt to EU Deforestation Regulations

Experts gathered in the Central Highlands province of Gia Lai on April 9 to seek measures to help local coffee businesses to adapt to the EU Deforestation Regulations (EUDR) and promote exports to the EU market in particular and the world in general.
Read More

Your care

Latest Most read
Made-in-Vietnam wind turbine towers bound for RoK

Made-in-Vietnam wind turbine towers bound for RoK

Ten domestically-manufactured offshore wind turbine towers are set to depart from Phu My Industrial Zone in the southern province of Ba Ria-Vung Tau by the end of April 2024, bound for Jeonnam 1 wind power project off the coast of the Republic of Korea (RoK)'s Jeonnam province.
Cashew nut exports is estimated at US$ 782 million in the first quarter

Cashew nut exports is estimated at US$ 782 million in the first quarter

VCN - In the first quarter of 2024, Vietnam's cashew exports reached about 147 thousand tons, with the turnover of US$782 million, up 31.8% in volume and 20.5% in value compared to the same period in 2023.
Maintain the reputation of Vietnamese coffee amidst soaring prices

Maintain the reputation of Vietnamese coffee amidst soaring prices

VCN - Nguyen Nam Hai (photo), Chairman of the Vietnam Coffee-Cocoa Association (Vicofa), shared about the landscape of the Vietnamese coffee industry in the context of continuously increasing prices.
Find opportunities in niche markets to increase exports

Find opportunities in niche markets to increase exports

VCN - To support businesses in accessing the market, Vietnamese trade agencies abroad are actively providing information and connecting Vietnamese businesses with potential markets.
Vietnam transforming into new global manufacturing hub: experts

Vietnam transforming into new global manufacturing hub: experts

Vietnam is transforming into a new global manufacturing hub, offering a diverse range of products that are competitively priced and continuously improving in quality, assessed foreign distributors and importers, who will participate in the Vietnam International Sourcing expo this June.
Mobile Version